As per the agreement, Cyan will supply its 865MHz RF mesh communication network (including the modules, data concentrator units and head end software), a Meter Data Acquisition System, 21,824 smart meters and manage the supply chain through local meter manufacturer partners. Cyan will manage the entire supply chain using local meter manufacturers and provide facility management services for a period of 2 years post-deployment.

Responding to the development, John Cronin, Executive Chairman, Cyan, said, We are delighted to have our first commercial order for a public utility in India, following our two private utility project wins at Tata Power and Essel Utilities last year. The order for the CESC project, one of the 14 smart grid pilot projects in India, will provide substantial credibility for Cyans CyLec solution amongst government-owned utilities as well as the wider energy distribution market. Furthermore, it will act as an authoritative reference to opportunities in India and across Asia.

The Indian government has committed to spending billions of dollars on smart grid infrastructure, according to a new report from Northeast Group. It forecasts that over the period 2015-2025, the cumulative expenditure will be $21.6 billion. Presently, India has 200 million legacy meters deployed and it is estimated that by 2021, it will install 130 million smart meters. We look forward to building further on our market leading position and taking a significant role in this technological evolution, Cronin stated.

The project is expected to go live in phases with the first meters installed, commissioned and live before the end of 2015 and the remaining live in the first half of 2016. Funded by the Ministry of Power, it is one of the first of the 14 smart grid pilots to be rolled out in India.